Energy led the commodities asset class higher in Q2 and since the end of 2021. The war in Ukraine created supply concerns that pushed oil over the $100 per barrel level. While oil remained below the 2008...
The bullish divergence in the stock market breadth and the price volume analysis of S&P 500 using the Wyckoff method suggest a potential big move ahead.
While Friday ended on a much-needed positive note, investors have plenty to chew on as they come back from the Fourth of July weekend.
Aug WTI crude oil (CLQ22 ) on Friday closed up +2.67 (+2.52%), and Aug RBOB gasoline (RBQ22 ) closed up +15.15 (+4.28%). Crude oil and gasoline prices Friday moved moderately higher on global supply...
Aug Nymex natural gas (NGQ22 ) on Friday closed up +0.306 (+5.64%). Nat-gas prices Friday closed sharply higher on the outlook for above-normal U.S. temperatures, which will boost nat-gas demand from electricity...
Grain Crushings - 2022-07-01
Aug WTI crude oil (CLQ22 ) this morning is up +2.19 (+2.07%), and Aug RBOB gasoline (RBQ22 ) is up +9.39 (+2.66%). Aug Nymex natural gas (NGQ22 ) is up +0.404 (+7.45%). Crude oil and gasoline prices this...
S&P 500 might be getting a little ahead of itself in the very short-term – the price decline looks in need of some really brief consolidation. Bonds have likewise paused, and the retreat in Treasury...
Yesterday we suggested a down day and the markets didn't disappoint. Will that change today?
Aug WTI crude oil (CLQ22 ) on Thursday closed down -4.02 (-3.66%), and Aug RBOB gasoline (RBQ22 ) closed down -18.70 (-5.02%). Crude oil and gasoline prices Thursday closed sharply lower, with gasoline...
